TRUNEWS with Rick Wiles - JPMorgan Chase CEO: Brace for Severe Economic Hurricane

Episode Date: June 1, 2022

All of us are experiencing sticker shock at our local grocery stores. Farmers say we’ve only seen the beginning of massive price jumps in food costs. Typically, the inflation farmers pay today doesn’t show up in the grocery stores for 6 to 12 months. For example, fertilizer prices have jumped 133% over last year. Diesel fuel is selling for record-high prices. Those costs will be passed on to consumers as food products work their way through the supply chain. Some farmers expect food prices to double in October. At the same time, some food items will be in short supply even if you were willing to pay twice as much. Extreme food price hikes will cause demand destruction for other products and services that consumers suddenly decide they can live without. Rick Wiles, Doc Burkhart. Airdate 6/1/22.It’s the Final Day! The day when Jesus Christ bursts into our dimension of time, space, and matter. You can order the second edition of Rick’s book, Final Day!  https://tru.news/3LknyuL

The following program is made possible by the faithful prayers and financial support of listeners just like you. To find out how you can help, visit nothing but the truth, so help us God. I'm Rick Wiles. All of us are experiencing sticker shock at our local grocery stores. Farmers say we've only seen the beginning of massive price jumps in food costs. Typically, the inflation that farmers pay today doesn't show up on the grocery store shelves for six to 12 months. For example, fertilizer prices have jumped 133 percent over last year. Diesel fuel is selling for record high prices this year. Those costs will be passed on to consumers

as food products work their way through the supply chain. Now some farmers expect food prices to double by October or November. At the same time, some food items will be in short supply, even if you're willing to pay twice the price. Extreme food price hikes will cause demand destruction for other products and services that consumers suddenly decide they can live without. Now, today, the CEO of one of the world's biggest banks said he is preparing for an economic hurricane to strike the world soon. Doc Burkhart and I will tell you the details.

We're talking about Jamie Dimon, the CEO of JPMorgan Chase. And he was very stark. His words were very stark today in what he warned is coming to the world, not only in food prices, but overall the entire global economy. He described it as a hurricane. And he said these comments at the Strategic Decisions Conference that's going on, sponsored by IBM and Blackstone. And so he's saying that this is an economic hurricane that we're heading into. JPMorgan Chase CEO Jamie Dimon says he's preparing the biggest U.S. bank for an economic hurricane on the horizon and advise investors to do the same. He said, you know, I said there's storm clouds, but I'm going to change it. It's a hurricane, Diamond said Wednesday at the financial conference I mentioned earlier.

While conditions seem fine at the moment, nobody knows if the hurricane is a minor one or a super storm Sandy. You better brace yourself, Diamond told the room full of analysts and investors. J.P. Morgan is bracing ourselves, and we're going to be very conservative with our balance sheet.

And once again, he wasn't just saying this off the cuff. He was saying this to a room full of planners and analysts that get together every year for the purpose of planning out the rest of the year and the investments and everything going on the rest of the year. And one thing, Doc, when a banker, a CEO of a bank says we're going to be very conservative with our balance sheet, one way to translate that is it's going to be very hard to get a loan. Yes. They're not going to loan out a lot of money for residential mortgages, car loans, consumer credit, credit cards, business loans. They're going to be extremely careful. No matter what the Fed does.

That's right. They're going to be careful. And you might even see your credit limit reduced, even though you may have very good credit. When a banker says we're going to be extremely conservative, we are bracing, he said, we're bracing for a hurricane, then where is a bank vulnerable? Money that they've loaned out, places that they've invested. So they start cutting back. You may need a bigger down payment or your credit score may have to be higher. Or get credit insurance.

That's the other hidden cost that they do a lot. Or the loan amount is smaller. They may reduce the amount that they're willing to give out for a mortgage. Car loans may be far more difficult to obtain an automobile loan. As I said, credit cards. A lot of people may be denied for a credit card, and those who have a credit card may find that their credit lines have been reduced. And a lot of small businesses are running their business on their credit cards.

Sure. And that's their bridge loan. So they buy products, they buy inventory, they pay vendors with their credit card. They get a 30-day spread there on using J.P. Morgan's money or Bank of America's. But what happens to a small business if the bank cuts their credit line

25 to 50 percent? Then they have less to work with and they can't do as much business. That's right. So it's a domino effect. And what he told financial investors today is J.P. Morgan is bracing for a hurricane. I advise you to do the same thing. Now, if I were a businessman sitting in a conference and heard Jamie Dimon say this, I would be leaving that conference, going back to my companies and telling my staff, we're cutting out all unnecessary spending. We're reducing hiring. We're canceling remote work, maybe. spending. We're reducing hiring. Right.

We're canceling remote work, maybe. Yeah, remote workers, you're done. They get in and become productive. The company party is canceled. Think of perks, benefits, all those things. They just start getting axed. And that's what happens when companies prepare for a storm. I think we've got a video of Mr. Diamond speaking at this conference. Yes, we do. Here you

go. It's a hurricane. Right now, it's kind of sunny. Things are doing fine. Everyone thinks the Fed can handle this. That hurricane is right out there down the road coming our way we just don't know if it's a minor one or superstorm sandy or yeah sandy or or uh andrew or something like that and it's you you better brace yourself you gotta know that bankers left that meeting they were on their phones or calling the office, you're not going to believe what Jamie Dimon said. That's right. I take it very seriously. I mentioned in the opening, Doc, about food prices. What I'm reading in a lot of agricultural articles is farmers are saying we could see prices doubling this fall. Yes.

I mean, a big jump, not a little jump. That it's been working its way through the food chain and the major price hikes are going to be hitting this fall, October, November. And some people are saying you will see food prices

double. That's incredible. Because all these things are starting to add up now. And you won't see the full effect of them until later in the year. That's right. And like I said, even if you're willing to pay the high price for a food item,

it may not even be available. The supply may be so short that, you know, you want to buy it, but, and the store is saying we're out or we're limiting it to one per customer. That's what's coming this fall. Friends, you know, we were, we gave our audience a heads up about COVID. We started reporting January of 2020 about the COVID pandemic. We called a lot of flack from people who said, you guys are overhyping it. What we said was, look, we really believe this is going to change the world. Something big is underway. And we said there are going to change the world. Something big is underway and we said there are going to be shortages and we started telling the True News audience I would say in February of 2020. Yes. We started telling our audience

there's going to be major shortages you need to stock up and a lot of you took our advice and you did it. And many of you have actually personally thanked me and said, you know, because of you, we stocked up on household goods and needed items. And we went through the shortages and had no problems at all. So I'm telling you right now, with everything that I believe inside of me from my family, I believe we've got June, July, August, maybe September to build up our food supplies

as much as we can. At some point, you're going to use, and not just your food supplies as much as we can. At some point, you're going to use and not just your food supplies, but other basic household items. Build up your inventory as much as you can. But at some point, you're going to use it up.

And then you're going to pay whatever price. Let's say you have enough by October. Let's say you have enough by October. Let's say prices jump in October, November. They double. Maybe you have enough supplies to get through to January, February, March of 2023. But then you're going to pay the price that it may have tripled by then.

That's what we're facing, Doc. pay the price that it may have tripled by then. That's what we're facing, Doc. That even if you build up a supply, how many of us can build up enough supply to go for years? Right. I mean, other than eating dehydrated food. But your freezer's only so big. Your pantry's only so big. You only have so much storage space in your garage.

And you only have so much income that you can work with. So later, we're going to be faced with replenishing our inventory and paying the going price six, eight months later when our supplies run out. But you can get a jump on this thing right now. Expect to see freezers and refrigerators soar in prices. Supply of freezers dwindle.

The more people start to figure out what's going to happen, they will be buying deep freezers and refrigerators. They'll be buying. In fact, I read recently, Doc, Campbell's Soup, the price of, I mean, come on, Campbell's Soup has been around since when? Forever. Forever, right? And And some of the soup items have doubled this year in price. And Campbell's is, you know, supposedly from what I read, is running full production, trying to keep up with the supply. Buy what you can now, this summer, because the closer we get to the fall, more people will figure out that this massive price hike is coming. And then the stampede begins.

And then it's too late. Then it's too late. Canning. A lot of you say, we haven't canned food in years, decades. Well, I would recommend you buy canning jars and lids right now. And buy as many lids as you can to go for years. Because this thing is going to become extremely difficult for several years for food and you know if you can if you can start canning this summer while food supplies are abundant

we're you know we're blessed here in Florida a lot of food is grown in Florida Florida is a huge farming state and we have two growing cycles here. And so it's easy to get fresh food at farmer markets. So if you're in a place where you can get food from farmers in a local market, get what you can and can it. Freeze it, dry it, do whatever you get. Dehydrators. Buy a dehydrator. Start thinking about how to prepare food in your home like we used to do years ago.

And we all became, not everybody's, I know some of you, you're still, you've been canning and you've been living off the land for a long, long time. This message isn't for you. It's not for you, but you're going to be needed to teach others how to do it. That's what you could do. You could teach others. There are going to be a lot of people

who would just say, I don't know. I don't know how to do food preparation. Well, start doing classes. Maybe you could teach in a local church or school. Do something. Teach your neighbors how to prepare food. But the supplies are going to dwindle in the coming months as people realize this is real.

The food supply is drying up, and the prices are skyrocketing. Doc, well, just one story to show you here. This is potash. Okay. Yes. So I saw this today in the Financial Times of London. Ukraine war sparks a rush for potash as global food fears grow. This is the Financial Times. This is owned by the Rothschilds. This is, you know, I would say Wall Street Journal and Financial Times

are the two biggest financial publications in the world. And on their front page today, they're reporting there is a, there's a global race to stockpile potash. And this is quite a change because normally there's just an overabundance of potash in the world, but not right now. But countries are stockpiling right now. So for the best part of a decade, the potash market struggled with overcapacity and low prices. But as sanctions throttled supplies of the fertilizer from Russia and

Belarus, which account for almost 40% of the global supply, buyers are scrambling for cargos and warnings are growing of a global food crisis. In Brazil and agricultural powerhouse, prices have surged 185% over the past year, hitting records above $1,100 a ton, according to commodities consultancy CRU. In Europe, they're up 240% to 875 euros a ton. Now, mine from underground deposits formed during the evaporation of ancient seabeds, potash is a mineral rich in water-soluble potassium, one of the three essential nutrients required for crop growth.

Crucial to the production of food staples such as corn, soy, rice, and wheat, a sudden plunge in supply threatens to devastate global crop yields. Producers are now looking to capitalize on the surge in potash prices and geopolitical tensions that have upended traditional trade flows and highlighted the importance of security of supply. Another factor in all of this too, Rick, is both Russia and Belarus also account for a large percentage of urea, which is essential in a lot of fertilizers. And they control about 30, 35% of the market, and there's a global shortage on that too. And so you combine those two factors together and you won't

see the impact of this for a year. Right. But when they do hit the market it's going to be an incredible hit. It is. This is what we're saying. These price increases are going to continue month after month for another year or two. Doc,

have you ever seen an 18-wheeler tractor and trailer out of gas? I can't say I ever have. I mean, they have those huge tanks on there and everything, and so that's the last thing you expect. I saw one for the first time in my life. Last week, I was on Okeechobee Boulevard in Fort Pierce near the Florida Turnpike entrance. And there along the road was an 18-wheeler and a driver carrying a gas can from one of the local gas stations. Wow. He ran out of gas.

He came off the turnpike. And didn't make it quite far enough. Didn't make it to the first fuel station. And there he was alongside the road and carrying a five-gallon gas can to get an 18-wheeler enough fuel to get it 18-wheeler enough fuel to get it up to the truck stop in Philadelphia. I mean, people don't realize these 18-wheelers, they have 250-gallon tanks on them.

So when they fill up, it's $1,000 right now. That's right. So if you're an independent driver, you're an owner-operator, independent, and you've got to put $1,000 or more in your truck every time you go to the gas station, where are they getting the money? I mean, their cash flow has got to be moving so fast

for them to have that kind of cash to do a long haul across the country. I've just never seen anything like it before, and it was a shocking view to me. I thought this is going to be common. We're going to see 18 wheelers stranded along the road because they're out of fuel. Get used to it, be prepared for it. I really feel for truck drivers. I experience pain when I've got to put 90, 100 hours worth

of fuel in my vehicle. But when you've got to pump $1,000 in, that hurts. And Doc will go back to what we said about J.B. Diamond and the banks. What happens when banks start cutting the credit line of small business people, like truckers? They go out of business. That's right. These independent operators can't operate anymore, and they either go to corporate jobs

or the industry finds cheaper ways to haul by replacing the drivers with AI, perhaps. Yes, it's possible, driverless vehicles, but you still got to put fuel in the truck. But they'll cut labor costs first. They'll cut the labor costs. And, you know, something that the environmental extremists don't comprehend,

there are non-electric farm tractors. Right, and you don't have electric ships going back and forth across the ocean yet either. And so diesel is still a necessary fuel right now. They don't realize that. They don't take that into account. And yet we still continue to put sanctions on Russia and continue to mitigate a greater conflict with Russia impacting everything. I was surprised the other day, Dr. Senator Lindsey Graham publicly said the Biden administration

is deliberately destroying the fossil fuel industry. So we now have, you know, U.S. senators saying what many of us have known for a long time. This is deliberate. This is the destruction of industry. This is the destruction of a way of life. It is intentional. And I believe the shutdown of Abbott in Michigan. I believe it's intentional. The FDA deliberately shut down that plant

that supplies almost half of the baby formula in the country. And they seem to be doing little to reopen the plant. And the executives of Abbott are pleading with the FDA to do something. This is deliberate shutdown. They're creating these shortages. And it is to bring about a reengineering of society. They're going to reimagine the way you and I should live. They don't want us to have cars and trucks.

They don't want us to have vehicles that use fossil fuels. They really don't want us to have anything. Instead of, you've got it. They don't want us to have anything. They want us to be dependent on a leftist government. You'll own nothing and you'll be happy. Yeah. That is the plan right now. While we're talking about the Biden administration, NBC reported today that Joe Biden has approved the shipment of long-range rocket systems to Ukraine. Yeah, President Joe Biden said Tuesday in a New York Times opinion piece that he would provide the Ukrainians with more advanced rocket systems and munitions that will enable them to more precisely strike key targets

on the battlefield in Ukraine. Now, this announcement was part of a piece that explained the Biden administration's goals in Ukraine, a democratic, independent, sovereign, and prosperous Ukraine with the means to deter and defend itself against further aggression. Now, the White House National Security Council said Tuesday that the more advanced rocket systems were longer-range, longer-range, multiple-launch rocket systems, or MLRS. They are capable of reaching Russia, officials said, but are not intended to fire rockets into Russia or be used outside Ukraine. And this is the funniest part of this.

A senior administration official said Ukraine has agreed not to use them to launch rockets into Russia, Rick. Scouts on her. They held up their right hand in the air and said, we're not going to shoot Russia with these. I don't think the Russians are buying it. No, they're not buying it. TASS is reporting they believe that Ukraine plans to shell Russia with American missile systems. Ukrainian nationals plan to deploy American long-range missile systems in the city of Shotska in the Sumy region to strike at Russian territory. Colonel General Mikhail Mitsintsev, head of the Interdepartmental Coordination Headquarters for Humanitarian Response, head of the National Defense Control Center, said on Wednesday

that, according to the general, the militants want to provoke a response and then accuse the Russian armed forces of indiscriminate shelling of the civilian population and infrastructure. Also, Kiev authorities plan to bring journalists to the city, including foreign ones, to create fake photo and video materials that will be widely distributed by Western news agencies. Well, NATO has done such a good job of that over the past 20 years.

Haven't we heard this story before, like gas attacks in Syria? Right. With the white helmets. Will the white helmets show up in Syria? Right. With the white helmets? Will the white helmets show up in Ukraine? Probably. Probably the same white helmets that you saw years ago.

Well, I mean, this is what the Russians are expecting. We'll see if their fears play out. But I don't have a lot of confidence that the Ukrainian Nazis are going to hold back on firing long-range rockets into Russia. Speaking of Nazis, you saw an article out of Republic World. Remember we had a big old war, a World War, World War II, to defeat Germany? Yeah. All right.

This article today, Olaf Scholz pledges $107 billion for German army, says it will be the largest among NATO nations, Rick. The country that started the first two world wars. Yes. Okay. And we said never again, never again would we allow that to happen. And yet, here is Germany saying it's going to create the largest army within NATO and spending the money for it. Which will become the foundation for the European army. Right.

And so Germany, if they've got the army, they control the EU then, right? Yes, right. They control Europe. It's interesting. Also, we told you that the Israelis this week are practicing on bombing Iran in their contribution to world peace. And so the Jerusalem Post reporting this morning Israel simulates massive strike against Iran

with hundreds of IDF aircraft. Right. Hundreds of Israeli Air Force aircraft including fighter jets and refueling aircraft took off overnight

Wednesday from various bases in Israel to simulate striking targets far from Israel's borders including in Iran. The exercise part of the IDF's Mont Blanc chariots, a fire war game, saw fighter jets,

transport planes and refueling aircraft take off from several bases in Israel's West Cyprus. Now, the IDF, which is seriously planning several military operations against Iran should the nuclear talks between the West and the Islamic Republic fail, is carrying out its largest drill in its history with thousands of soldiers and reservists. One of the possible military options has been drilled on during the exercise. IAF platforms Israeli naval units and troops from the elite Shayet 13, Yahallon Special Combat Engineering Unit, Okhet's K-9 Unit, intelligence forces and troops from the C4I and Cyber Defense Directorate

are also taking part in the drill that will end on Friday. Troops are training on varying types of terrain, including wilderness, urban, rural, and high-altitude mountainous areas on the island, which will act as a substitute for intense fighting against Hezbollah in Lebanon. And this has been going on now for several days, continue for the remainder of the week here.

So, Rick, is Israel getting ready here soon in the midst of everything else going on to make their move? I think so. We got another story with slightly, you know, a little bit more information. This is from Times of Israel. Israeli Air Force simulates wide-scale strike on Iran nuclear facilities. Dozens of Israeli Air Force fighter jets conducted air maneuvers over the Mediterranean Sea Tuesday night, simulating striking Iranian nuclear facilities. Now, according to a statement by the Israeli Defense Forces on Wednesday, the drill included long-range flight, aerial refueling, and striking distant targets. Now, in addition to having to find ways to strike,

at the beginning of the year, IDF Chief of Staff Aviv Kohavi announced that he had instructed the military to begin drawing up fresh attack plans against Iran. And by September, Kohavi said the Army had greatly accelerated preparations that he had instructed the military to begin drawing up fresh attack plans against Iran. And by September, Khoave said the Army had greatly accelerated preparations for action against Tehran's nuclear program. Still, defense officials estimate that while some aspects of the IAF strike plans, which are still in the early stages, could be ready within a short period of time, others would take more than a year to become fully actionable. Now, in addition to having to find ways to strike Iranian facilities that are buried

deep underground requiring specialized munitions and tactics, the IAF will have to deal with increasingly sophisticated Iranian air defenses in order to conduct such a strike. The Air Force will also have to prepare for an expected retaliation against Israel by Iran and its allies throughout the region. According to Channel 13 News, the U.S. Air Force was supposed to serve as a complementary force with refueling planes during the drill. The IDF did not confirm the report and the U.S. Central Command denied it, saying there is no direct U.S. military involvement in that exercise. A Pentagon spokesperson also denied

the Department of Defense was directly participating in the drill, according to the War Zone Online magazine. But the key is direct military involvement. Directly participating. That's their way of saying, well, we're not active in it. We're watching it. We're watching it and we're helping. We're commenting on it.

Right. Sort of like in Ukraine. We have aircraft flying alongside the Israeli planes. And they might have some fuel in them. Right. So, Doc, do you think anybody in Washington or the Pentagon called the Israeli IDF and said, you know, with all the tension in the world right now with war, this is probably not the right time to act like you're going to bomb another country? No, if anything, they'd probably call them and say, go, go, go.

Go ahead. This is your chance. So, what if the Iranian military was conducting a drill this week on bombing Damona? How would that go over? Well, they'd be going crazy

both in Tel Aviv and in the Pentagon. Israel's being threatened. We don't know if Iran has nuclear weapons. We're being told that they're always months away. Right. But we do know Israel has nuclear weapons. But we know that Israel has hundreds of nuclear warheads.

And we know that Damona is their top secret nuclear facility. So why, if Israel can plan to bomb Iran's facilities, why can't Iran plan to bomb Israel's nuclear facilities? I mean, I don't want anybody bombing anybody. But if you're gonna be fair, then let everybody bomb everybody, right? I mean, if you're going to be bombing, then let this guy bomb. Let's have fair rules to the game here.

Now, if Iran even said it was thinking about bombing Israel, the U.S. would be calling a U.N. Security Council meeting, and they would be talking about launching a major attack on Iran. So Iran has to sit there and watch the Israeli military practice on attacking their country. And they can't say a word about it. Just like Syria.

While talks on the new Iranian deal are going on, which are going to fail. Because Israel doesn't want an Iranian peace deal. And the Iranians have said it. They've said, look, it's the Zionists who are stopping the peace talks. They're the ones sabotaging it. And Israel is part of the sabotage. Now, the Syrians, you know, Israel doesn't practice. They don't have

simulated bombing runs on Syria. They do it. Hundreds and hundreds. It's probably close to a thousand bombing runs in the last five years against Syria. And has Syria ever retaliated? They just sit there and absorb the bombs. And then Israel, if the Syrian military fires anti-aircraft missiles at the Israeli planes, then the Israelis get angry and say, how dare you try to shoot down our planes when we're bombing you? We're going to teach you a lesson. And then all the Christian Zion newsletters go out saying Israel's under attack. We need to pray for Israel. Yeah, well, I wish Israel would get itself under control. We don't need more war. And the Israelis are

just stoking a fire. They're making the world hotter. And they're openly telling the world, we're going to attack Iran and nobody's going to do anything about it. China. This story from South China Morning Post, a Chinese think tank told the Chinese government, you should just give up the illusion of avoiding a fight with the United States. You're in the fight, basically, is what they said.

China should give up the illusion of avoiding competition with the United States. You're in the fight, basically, is what they said. China should give up the illusion of avoiding competition with the United States and even be prepared for the worst-case scenario of possible military conflict, a Chinese think tank has advised, while also urging Beijing to seek ways to reduce tensions. The Chongyang Institute for Finance Studies at Renmin University said the war in Ukraine had intensified U.S. worries about a strategy against China, heightening the risk of an all-out confrontation between the two major powers. To respond to U.S. President Joe Biden's all-out competitive offensive,

China should give up its illusions and make every effort to guard against the possibility of a final showdown of high-intensity military confrontation, the Institute said in a report released on Sunday. Well, I believe that war with China is already on the books, being planned out by both sides. We're in World War III. It's already started. Another one, North Korea planning a nuclear test in the very near future. This is Chosun Evo in South Korea. It says that North Korea is testing nuke detonators. That's the trigger for a nuclear warhead. And they have launched more test missiles this year than any other year, but you don't hear that in the news. North Korea appears to be testing nuclear detonators to prepare for another nuclear test. The presidential office here in South Korea said Wednesday.

Deputy National Security Advisor Kim Tae-hyo told reporters, we're watching what's happening at the Punggye-ri test site. It's unlikely that there will be a nuclear test in the next couple of days, but there's certainly a possibility of that. So we're going to continue to watch this story as it develops as well. Doc, this next story caught my attention

early this morning. Turkey cancels or postpones NATO exercises in the Black Sea. Okay, Turkey is a NATO member. And Turkey vetoed a NATO exercise. Because they said, we're obligated to obey a treaty with Russia. And we're not going to violate the treaty. Sounding more and more like World War I here.

So, Turkey canceled or postponed some NATO exercises in the Black Sea due to the requirements of the Montreux Convention. Turkish Foreign Minister Mevlut Cavusoglu said in an interview to Anadolu Agency, Cavusoglu noted that the impact of sanctions is felt not only by those who impose the restrictions or by the states against which restrictions are imposed, but also by many others. Went on to say Turkey is located in a region where war is ongoing. Only the sea separates us from the conflict. Our country is also feeling the effects of sanctions, even though it did not support them. Russia is imposing retaliatory sanctions, restricting exports. This applies, for example, to exports of fertilizers, sunflower oil, and grain,

the minister said. So what we have here, Doc, is the foreign minister of Turkey saying, yeah, we're a member of NATO, but we really don't want in this fight between Russia and Ukraine and NATO. And we don't support the sanctions. And the sanctions that the U.S. and the European Union has put on Russia is hurting us. And not only that, but they're questioning the ability of NATO to even put sanctions out there. They go on to say, as for Turkey, Ankara's position on this issue has been very clear from the beginning. We are fundamentally opposed, excuse me, against any form of sanctions. Turkey says it will support only restrictions imposed at the U.N. level.

This is a principled position because in today's world, as we see it, every country can impose restrictions on the other. This applies not only to the Russian-Ukrainian war. It was so in the past. It may be so in the future. Second, Turkey is now making efforts to reduce tensions in the region. All sides welcome Ankara's steps. If Turkey supports sanctions, our country's role will be called into question. There are also Turkey's obligations under international law. We have started to apply the requirements of the Montreux Convention for military vessels. Turkey also keeps its airspace open. This is also our obligation, Kovacoglu added.

So the nation of Turkey is the fly in the ointment for NATO right now, isn't it, Rick? It is. They're questioning the legality of the sanctions. And they're saying, okay, if the United Nations puts the sanctions on Russia, we'll go along with it, but we're not going to support these other sanctions. So it's a first crack in the allied offensive against Russia. But hasn't Turkey always played the foil for NATO? I mean, always, in some way or another.

Like, for instance, questioning Sweden and Finland entering NATO, you know, because there's terrorists there. Always providing some sort of reason for NATO not to move forward with their plans. Yeah. Yeah, they're definitely not their best player. Right. But maybe they just question the narrative and they're not really interested in getting bombed. They said it's just a little ocean, a little sea between us and the bombs. Right. And even while we're sitting here, Rick, speaking of the Black Sea there, Russia has fired long-range missiles into Ukraine from the Black Sea, supposedly hitting some NATO supply routes coming into Ukraine.

So that's a story, and that's still developing even as we're talking here. Okay, these final minutes, we're going to take a look at what's going on in the massacre of children in Uvalde, Texas, because there's still a lot of unanswered questions and not a lot of people in authority demanding answers to these questions. The first one, this is from NPR. Uvalde Coroner is haunted by identifying the bodies of children and an old friend. So that's the title of the article there, Rick. But inside the article here is something

I thought was really, really strange. I'm not a police detective. I'm not anything like that. But I would always think that if you've got a crime scene, you don't want to disturb the crime scene. At least that's the way I understood it. Remember the Pulse nightclub? They blocked off that whole building. Didn't even move bodies or anything at all. And so, like I said, I'm not

a police officer or pretend to be one or related to one. But there was a quote in here that caught my attention. Now, first of all, it took two hours for him to even enter the school. The coroner. The coroner, the justice of the peace in this case, because he had to wait for the coroner from San Antonio to arrive. So it was two hours after they had gotten the situation under control. So when they entered the school, he and the medical examiner found that the first responders had moved the bodies,

separating the deceased from the wounded, in order to get to those who needed medical assistance. So when we got there, there were children in four rooms. The initial two rooms, plus two other rooms, Diaz said, adding that they went room by room getting the plan together and what we were going to need to make sure that we identified everybody correctly. So here's the question I had for you, Rick. Up until today, how many rooms were involved in the shooting?

I had only heard one, a fourth grade class. And now in this story we've got four rooms, so let's say they did move some bodies. But he says that there were initial two rooms plus two other rooms. So once again, another interruption in the storyline, in the narrative. The narrative just changed again. So we need to ask, were the children in different rooms, the wounded and the dead children,

when the police went in? Right. Or did people, did law enforcement move bodies into different rooms? They admitted to that. Right. And who authorized them to do it? Because, as you said, you don't interrupt a crime scene.

Now, I understand that they were wounded there, but they said they were separating the wounded from the deceased among four rooms. So, once again, a lot of questions. And why did it take two hours to enter the building for the coroner two hours after they got the incident ended right and it was 78 minutes until they entered the classroom and 78 minutes after the shooting started were they still dealing with wounded on site two hours after the event ended think about that because he said they were separated into different rooms where they're still wounded in that building

two hours later lots of questions that are generated from from this well questions uh that are going unanswered is why the chief of school security the superintendent of security for the Uvalde school district why is he refusing to answer questions he will not even answer questions from the Texas state law enforcement officers he won't answer questions from the feds this is the this is the local school school district police chief not the chief of police of the city right the school police chief and he's all the schools in the area he's the one who ordered to stand down this is the man right here who ordered the police to stand down for 78 minutes. Where did he get the authority

to do that? And why did they even obey him? Police officers standing there in the school inside the hallway, not all of them out in the parking lot in the hallway listening to the gunshots listening to the children being shot and they would not enter because that man told them they couldn't go in so cbs news is looking into this and of course other outlets too new revelations are emerging about uvalde school police chief Peter Arredondo, just one week after a gunman massacred 19 fourth graders and two teachers at Robb Elementary. Arredondo, the chief of police for the Uvalde Consolidated Independent School District, so he's over all security for all the schools within that school district, isn't responding to requests for a

second interview from investigators, according to Texas DPS Director Stephen McCraw. Now, it was Arredondo who ordered officers to remain outside during the more than hour-long siege at the school. Now, people want to know why Arredondo was in a position to make that decision and why ultimately he did McCraw said during the time law enforcement was waiting to breach the classroom children pleaded on the phone with 9-1-1 at least twice to send in police law enforcement officials said Arodondo did the initial interview after the shooting but has not responded to a request made over the weekend.

Agents from the U.S. Now, we talked about this last week. It was confirmed in the CBS report. Agents from U.S. Customs and Border Protection allegedly defied Arredondo's order, breached a classroom area, and fatally shot the suspect more than an hour after the mass shooting started so i remember when was it last tuesday or wednesday where we actually said maybe the border patrol agents got so fed up with the lack of activity by law enforcement they went in on their own

cvs seems to be on that same wavelength there and we know that there were border patrol agents who went in to rescue their own children, which was an act of bravery. Of course, you'd go in. If you're a father, you're going to rescue your own child. But then they go back in

to rescue the rest of the children. Somewhere around 78 minutes after the shooting started, some Border Patrol agent finally decided to ignore this local school security chief. Right.

He's a school security chief. That's it. He's not the head of the FBI. He's not the director of the Texas Rangers. He's not even the sheriff. He's not the sheriff of the county. We should take priority. He's not the sheriff of the county. Which should take priority. He's not the chief of police of Uvalde City. He's the school security chief.

And he held off a hundred cops for 78 minutes. He held off the sheriff's department, the police department. Doc, something's not right in this story. It's not. Now, you found a twist in the story today. And when I saw it, I dropped my jaw. Well, pick it back up, all right? Because I saw this on Twitter. He was sworn in as a member of the Uvalde City Council.

Right. Police Chief Pete Arradondo, Uvalde Independent School District. Pete Arradondo was officially sworn in as a city council member today, being last night. Mayor Don McLaughlin confirms in a statement. This comes hours after DPS said he is not responding to requests for a follow-up interview. This was a statement that the mayor, Don McLaughlin, sent out. Actually, this particular statement here doesn't mention Pete Arradondo. It does mention a conflict of sorts between Lieutenant Governor Dan Patrick and the mayor, a misunderstanding. They don't go into detail about that.

But what's shocking is how on God's green earth is this man who's being under the microscope regarding the number one news story somehow is sworn in as a city council member? Doc, he did win the election. Okay.

Remember the Texas election was just a few weeks ago in May. He won a seat on the Uvalde City Council. So he was sworn in this week, but they did it in secret. Right. They did it behind closed doors. Police chief for Uvalde schools sworn into city council behind closed doors last night. Yes. So the embattled police chief for the Uvalde Consolidated Independent School District, who is under intense scrutiny for his response to last week's mass shooting,

was sworn in as a member of the town city council Tuesday in a closed door ceremony. The UCISD police chief,. Arradondo and two other members took their oath of office after a previously planned meeting was canceled in the aftermath of the May 24th shooting at Robb Elementary. Did anybody, I mean, Mr. Arradondo should be the first person who should think it and say it and that is you know considering what has happened I am NOT going to take the seat on the City Council there'll be a vacancy and according to city charter that vacancy can be filled but did anybody in the city say this doesn't look this doesn't look good. You really shouldn't be sworn in as city councilman. You

have failed this city. You have failed. He did fail the city. He failed 21 people, 19 children, and he won't answer questions about it, but he will take a seat on the city council. It's really something strange about this massacre. So many questions that have popped up. The door was propped open. Well, now that story has changed too. Now they say what, but Doc, for days they said a teacher propped open the door that the gunman went in,

and then the, remember some policeman went in immediately after the shooting started. Remember, there was actually cops inside the school, and they retreated. So the original story was a teacher propped open the door. The gunman went in. The cops followed him in through that same door. Now, today, the story's changed. The teacher shut the door but didn't lock it.

Somehow the door didn't lock. It was supposed to automatically lock. But the police did go in through that same door. The unlocked door. The unlocked door. There are just so many discrepancies, and they've changed the story so many times. And the man who's responsible for allowing the guy

to shoot for 78 minutes won't come forward and answer questions. And he got seated on the city council. It's just bizarre. Think of all the discrepancies. The gunman, the police exchanged fire in the beginning now we found out later

no they didn't no okay there's they keep changing the story the narrative changes they can't get it straight

and the man at the center of it won't talk and we're supposed to believe this stuff? My biggest question is where is that campus security guard? What's his name? What's his name? And why hasn't he been questioned? Where were you? Where did you go? Did Arirondo send him somewhere? That would be a question if I were a homicide investigator, I'd be asking, excuse me, did you tell the school security guard to leave the campus?

You're the police chief. Did you know he was leaving? Did you tell him to leave? Remember, the initial stories, at least the ones on Fox, said that the school security guard had exchanged gunfire with the guy. And then within 24 hours, that story was out. He wasn't even known to campus. Right. We don't know whether we went to McDonald's or he was taking a nap. We don't even know his name. Right. So no reporter out there, no crack cub reporter out there has gone and said

who is the security guard for the school? Well, and you can't get to the school security chief. He won't answer questions. He'll sit on the city council. He'll take his oath of office in secret. Which you're not allowed to do. Right. Because of the sunshine law in Texas, you have to give a 24-hour notice of any meeting of a quorum

of the city council. There's something very unusual about this shooting. It disturbs me so much. I have trouble studying the story because I just, my love of children, I just choke up when I start reading this stuff. I get angry and I just wonder how could adults stand there for over an hour and let shooting take place. How did you do it? That's my question. Excuse me.

I am still battling with this chest infection. President Biden, the story keeps switching at the White House and what he does and doesn't believe in supporting a ban on handgun sales. We already heard about Mr. Trudeau up in Canada. They're not banning handgun sales. They're freezing it in Canada, which is a little bit different. But it looks like the White House would like to do the same thing here.

White House Press Secretary Corinne Jean-Pierre on Tuesday said President Biden does not support a ban on the sale of all handguns as lawmakers continue to feel pressure to do something following a series of tragic mass shootings. He supports a ban on sales of assault weapons and high-capacity magazines and expanded background checks to keep guns out of dangerous hands, she said. He does not support a ban on the sale of all handguns. So President Biden recounted a visit to a New York trauma hospital. Biden said doctors showed him x-rays of gunshot wounds. They said a.22 caliber bullet will lodge in the lung and we can probably get it out.

May be able to get it and save the life. Nine millimeter bullet blows the lung out of the body, Biden said. So the idea of these high caliber weapons is there's simply no rational basis for it in terms of self-protection, hunting. Remember, the Constitution was never absolute. You couldn't buy a cannon when the Second Amendment was passed, Biden said. You couldn't go out and purchase a lot of weaponry. Let's keep that quote up because

there's a lot to unpack there. First of all, a 9mm bullet does not blow the lung out of a body. A shotgun does. I know you like shotguns, Mr. President. You did a whole video about it. But his definition of a high-caliber weapon and what it's used for and everything a nine millimeter

a nine millimeter is not necessary for self-protection and yeah that's a handgun that's all that is and so if somebody comes into my home at three o'clock in the morning i want to be able to stop them right well i don't want to just fire something that makes them mad. We know he's a fan of shotguns, right? So that's not a dangerous weapon. So, Doc, I own a semi-automatic shotgun. Is that going to be illegal? Well, that's the question.

They want everything to be illegal. We know that. That's the bottom line. That's really what this is all about. They want everything to be illegal, but they know they can't do it all at once. So they do it. It's like eating an elephant.

You do it one bite at a time. So yeah, Mr. Biden wanted to do something right now. He could be leading the public demand for answers about what happened in Uvalde. Right. If we could put the quote back up again, there's something else that he said there too. He said, remember, the Constitution was never absolute.

Really? What are rights? You know, there are some things that are God-given rights. The Constitution even says that. And so I would say to Mr. Biden, if you want to change the Constitution, change the Constitution. Do it the way the Constitution says. Well, hey, one former Supreme Court justice last week said it's time to get rid of the Second Amendment.

Well, then if they want to do it, they're going to have to be able to make their case to the American people. I don't believe they will. So they go around it. He also said you couldn't buy a cannon when the Second Amendment was passed. I've got news where you could buy a cannon when the Second Amendment was passed. Historians have said repeatedly that Joe Biden is not telling the truth when he says that there were gun control laws in effect at the time of the revolution and the new constitution. It just didn't exist.

And he's, you know, not telling the truth is a nice way of saying he's lying. The way he said the other day that he was accepted at the Annapolis Naval Academy, which is another lie. Maybe in his mind he believes it. Maybe he wrote a letter to the academy. But no, that's... But the year that he gave was the year he was graduating from college.

Right. And, you know, Joe Biden repeatedly lies. We know what they're up to. It's about gun confiscation. And whenever we have an event like what's going on in Uvalde, especially when there's a lot of confusion about what's going on around it, that's the perfect opportunity for the communists to take advantage of the situation and to move in on Second Amendment rights.

Two other stories really quick. We'll go through it. Elon Musk, he's got a new policy for his Tesla employees that want to work from home. His policy says... Come to work. No, he says you can work from home after you have completed 40 hours of work

inside the company's buildings. Well, Tesla's white-collar staff faces stark choice. Return to the office like their colleagues on the assembly line without exception or start cleaning out their desk. In a leaked email from Elon Musk sent on Tuesday entitled, Remote Work is No Longer Acceptable, the polarizing sent-a-billionaire, that was a new word for me today, said only in extreme cases where this was deemed impossible would he personally decide whether to reconsider his decree. And so this is a quote that Rick was mentioning. Anyone who wishes to do remote work must be in the office for a minimum, and I mean minimum,

of 40 hours per week or depart Tesla, he wrote in an email shared by Tesla shareholder Sam Meece. Yeah, so after you do your 40 hours, then you can go home and work from your house, which a lot of our employees do because they're committed. Right. Do because they're committed. We have wonderful team members, and I find out so often that they're doing things at night and early mornings. Look, I'm up early. Doc, I don't know.

This morning I got up at about 4. I was at my desk in my house at 5. Yes, you were. And I looked online, doc was doc was online working on right alongside of me you know that's the kind of people that we have here a really dedicated team members this last story actually ended tragically a woman was gored to death by a buffalo in Yellowstone National Park I don't know how you find these stories. I don't know.

You get up and start looking at 5 a.m. and you'll find them. They're just trying to fill up the websites at that time with anything. A 25-year-old woman from Grove City, Ohio, was gored and launched 10 feet into the air by a bison in Yellowstone National Park Monday morning, according to park officials. The bison was walking near a boardwalk at Black Sand Basin near Old Faithful. I know where that is. When the woman approached it and stood within 10 feet of the animal, the bison charged her, goring her with its horns, and launched her 10 feet into the air.

The woman sustained a puncture wound along with other injuries. But I believe she passed away, right? She did. She died. A later story I found a couple hours later said she had died. What do you say? I mean, who stands 10 feet in front of a buffalo? Why do you do that? It's like the stories you hear about people getting, well there was a guy here in Florida,

he was out digging frisbees out of a lake at a frisbee park. And got eaten by alligators. The alligators are not going to bother me, are they? Well, they got you and the Frisbee. She was probably a leftist who wanted to ask the buffalo if he wanted to transition his gender. Or his species, or whatever. I mean, it's really,

it's sad. She died, but she died because she's stupid. I mean, it's sad. She died because she's stupid. I mean, it's sad. I mean, she died because she's stupid. Somebody on the right would not do that. Okay, so sorry for you lefties watching me, but you guys really are stupid. People on the right would never stand in front of a buffalo. People on the left would and try to talk to the buffalo.

Try to communicate with it. Know its feelings. Well, the buffalo showed her his feelings. He was irritated. It's sad. She's dead. She's dead because she's stupid. She was raised in a culture

that she had no common sense. That's the society that we're in. These people have lost touch with reality. This is not the first time we've reported stuff like this. There's been other stories of people, you know, there was one a few you sometime last year, a woman put her child in front of a buffalo to take a photograph. She wanted a picture for social media. She put her child in front of a buffalo. These people are stupid.

They come out of the cities and they go out in the national parks and they think that the animals are cartoons. And then they discover that it's a wild beast. And it's just tragic that it happens. But anyhow. Hey. You're not going to get buffaloed by us, are you? No, no. I'm not going to. I got a challenge right now. I have a banana tree in my yard. I got four bunches of bananas on it, and one bunch, the biggest bunch, it's hanging over the creek.

It's got alligators in it. And I'm trying to figure out how. How bad do you want those bananas, Ray? I want them, and I'm going to get them. All right? But I'm coming up with a plan to get my bananas. Are those the ice cream bananas? They're the ice cream bananas.

Those are good. And if you tasted an ice cream banana, you would risk your leg to get out there. I did that one time. I dropped bananas in the creek, and I went down the bank and scooped the bananas out, and then I thought, this is really dumb. I thought, I'm doing something as dumb as that woman standing in front of a buffalo. I'm down in an alligator- infested creek trying to get these bananas. But I do have a plan. But I need a second person as a doc.

I'm going to need you to come over. You need a decoy is what you need. So, all right. That's enough for today. Thank you for watching True News. We appreciate your prayers and your support. And we appreciate you telling people about True News. We'll be back here tomorrow.

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